Exam DISC-RM Practice Question 401
Study guide: Exam DISC-RM
An insurer already writes workers compensation for many employers in a downtown financial district. It receives an application from a bank with 3,000 employees in a single tower there, a clean loss record, a credit mod and a strong safety program. Which underwriting concern does this account raise most directly?
- A) One event at the tower could injure many insured employees, and statutory benefits have no limit
- B) The bank's mostly clerical payroll is rated so low that the premium cannot cover its expenses
- C) The credit mod shows the bank's own loss experience is not credible enough for the insurer to rely on
- D) The employers liability limits in Part Two are too low for a bank with this many employees
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